The equation for working out gross profit: Revenue – Cost of sales = Gross profit Expenses (overheads) – these are the costs that do not change as production increases or decreases.

For example, net earnings, or gross profit. The term earnings is most commonly used when discussing the bottom line of a company’s income statement. The term profit is commonly associated with ...

US$16.2m (down by 109% from US$184.0m profit in FY 2023). US$0.75 loss per share (down from US$7.98 profit in FY 2023). The ...